Analysis of Rebate under section 87A of Income Tax Act, 1961

Kaushal Agrawal

Full analysis of Rebate under section 87A introduced by Finance Act 2013. Here we have explained why section 87A was introduced. This video also contains different practical questions on section 87A. To quote section 87Ait says that resident individual can claim rebate of upto Rs. 2,000 if his total income do not exceeds Rs. 5,00,000.